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National Peace Council commends NDC’s return to IPAC

The National Peace Council has commended the National Democratic Congress (NDC) for return to the Inter Party Advisory Committee (IPAC) of Electoral Commission (EC).

This was contained in a statement signed by Chairman of Peace Council, Rev.Dr.Ernest Adu-Gyamfi.

According to the Council, “We are hopeful that the commitment made will be sustained to further strengthen the existing democratic credentials of Ghana.”

By Edem Mensah-Tsotorme

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Read full statement below

The National Peace Council (NPC) would like to commend the National Democratic Congress (NDC) for heeding its appeal to return to the Inter Party Advisory Committee (IPAC). It will be recalled that after the 2020 elections, the National Democratic Congress decided not to attend the Inter Party Advisory Committee meetings. This became a matter of concern to all Stakeholders in
Ghana’s democratic and elections space.

At a Post-Elections Stakeholders’ workshop organized by the National Peace Council at Ada in 2021, the participants tasked the National Peace Council to facilitate the return of the NDC to IPAC. The NPC therefore engaged the NDC, E.C and several other stakeholders to facilitate the NDC’s return to IPAC.

On 14th December 2023, during a Stock-taking conference, organized by the National Peace Council at Peduase, as part of the preparations towards the 2024 elections, the National Democratic Congress responded to the appeal of the National Peace Council by publicly committing to return to Inter Party Advisory Committee.

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Pursuant to this commitment, the NDC has participated in two recent IPAC meetings on 22nd and 29th January 2024. We are hopeful that the commitment made will be sustained to further strengthen the existing democratic credentials of Ghana.

We would like to express our appreciation to the Electoral Commission, Political Parties, all Political Actors and Stakeholders within the electoral management system for their support to the NPC in the bid to promote sustainable peace in Ghana. We urge all stakeholders in the political space to use dialogue and consensus building to ensure a free, fair, credible, and peaceful 2024 elections.

In addition, we urge the public to appreciate the fact that peacebuilding can sometimes be a slow process. Therefore, we must all exercise patience and support the NPC and its partners in building a sustainable, peaceful country.

May the Lord bless our homeland Ghana and make our nation great

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 GEXIM deepens relations with US EXIM Bank

A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.   

The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.

The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.

Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).  

Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.

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The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.

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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

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President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

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Source: Myjoyonline.com

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